Group 1 Assignment
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Transcript of Group 1 Assignment
![Page 1: Group 1 Assignment](https://reader036.fdocuments.us/reader036/viewer/2022083105/5877a0111a28ab826e8b4e5f/html5/thumbnails/1.jpg)
Case Study MGMT 316-001Shital ShethZanab Khan
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Background
Men and Women within the UK Self employment
Expected Utility FormulaAvailable CapitalReal Interest RateIndividual Characteristics (Preferences)
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Research Question
What are the motivating factors that cause men and women to explore self-employment opportunities?
Necessity OpportunityLifestyle decisionOccupation choice
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Research Question
Is each gender influenced differently by economic factors when deciding whether or not to become self-employed?
Women Men
• Children Care
• Household Duties
• Higher wages
• Standard of Living
• Self Motivated
• Lesser Household Responsibilities
• Job Stability
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Ethical Issue
“How do men and women in self-employment differ in moral reasoning and ethical decision making?”
Females Males
• Avoid Being Judgmental• Search for Compromise• Seek Solutions that minimize hurt• Rely On Communication• Guided By Emotion
• “Who is Right?”• Value Decisiveness• Unambiguous Decisions• Make Choices that further them in
the Business World.
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Data Analysis
Economic theory self employment choices: rule of game States of economic theory are waged employment, self employment Wage employment include: salary earning, tax rate Self employment function of entrepreneurial ability: available capital, interest rate,
individual characteristic tastes, preferences, Paid employment: depends on wage rate Unemployment: depends on unemployment insurance.
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Data Analysis
Multivariate Data Analysis DemographicBackground characteristic of women and men
working in UKFactors effecting each Gender
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Conclusion
Factors consists of: social and economic influencing self employment rates from men and women in the UK.
Long run and short run impact of economic and social factors. Recently, women are more involved in their employment. Stereotypical assumption for men and women from specific roles in society. Men are more inclined to economic factors such as: stable job, and work promotions. Women are more inclined to social factors such as: stable job and committed to
running a household.
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Conclusion
Women are more strategic with money than men. Factors
More Conscience of Household DutiesPlace families Well Being FirstTend to support Men Working in the Work Force
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Critique
Targeted only the UK employment Compared and contrast men and women responsibilities throughout the employment.
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Any Questions?